316 E South St, Raleigh, NC 27601
$1,400,000
Less Photos /\
Home Description
What a great investment opportunity near downtown Raleigh, one of the fastest growing cities in the Southeast. 310 (MLS# 10064429) and 316 E. South Street are zoned R-10 and intended to accommodate moderate-density residential development, either as single-family attached or detached dwellings on each lot. The large Victorian home is adjacent to a similarly sized parcel that is ready for development. The properties will be sold as a package for a price of $2.5M.
The property is within a short distance to Shaw University, Martin Marietta Center for the Performing Arts and downtown Raleigh. Easy access to I-40. The 2 story home, located close to downtown Raleigh, the Martin Marietta Center for the Performing Arts and Shaw University, is a great investment opportunity and ready for renovations. Enjoy time on the rear deck and view of the rock garden. Property being sold 'as is.' Seller will make no repairs.
- Interior: Eat-in Kitchen
- # Fireplaces: 0
- Appliances: Electric Range,Free-Standing Refrigerator,Water Heater
- Laundry: Electric Dryer Hookup,Washer Hookup
- Flooring: Vinyl,Wood
- Full Baths: 2
- Half Baths: 0
- Basement: Crawl Space
- Parking: Off Street,On Street
- Structure: Site Built
- Construction Materials: Vinyl Siding
- Accessibility: Accessible Approach with Ramp
- Roof: Shingle
- Foundation: Permanent
- Patio/Porch: Deck
- Fencing: Fenced
Available now at $1,400,000
Approximate Room Sizes/Locations
Bathroom 2 | | | Second |
Family Room | | | Main |
Kitchen | | | Main |
Laundry | | | Main |
Laundry | | | Main |
Living Room | | | Main |
Other | | | Main |
Primary Bathroom | | | Main |
- Property Type: Single Family Residence
- Style: Victorian
- Levels: Two
- New Construction: No
- Heating: Central,Natural Gas
- Cooling: Central Air
- Water Source: Public
- Sewer: Public Sewer
- Community: Sidewalks,Street Lights
- Senior Community: No
- Total HOA Dues: $0.00
- Annual Taxes: $4,245.25
- Listing Office: Agent Group Realty
- List Status: Active
Neighborhood
The average asking price of a 3 bedroom Raleigh home in this zip code is
$691,680 (50.6% less than this home).
This home is priced at $606/sqft,
which is 31.3% less than similar homes
in the 27601 zip code.
Map
Map |
Street
Street |
Birds Eye
Birds Eye
Print Map | Driving Directions
Similar Properties For Sale
Nearby Properties For Sale
School Information
- Elementary:Wake - Joyner
- Middle School:Wake - Moore Square Museum
- High School:Wake - Broughton
Financial
Area Stats
These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(713) 298-4147 and speak with one of our real estate consultants.
Popular Homes
$839,021
$765,110
445
0.2%
27.0%
59
$711,025
$705,000
20
0.0%
40.0%
41
$908,743
$811,000
397
0.8%
35.8%
50
$1,144,023
$899,000
369
1.4%
32.5%
62
$451,034
$399,900
431
1.4%
41.8%
72
$591,019
$475,000
1013
2.1%
43.3%
65
$542,894
$482,500
596
1.7%
37.1%
73
$495,371
$488,500
315
0.6%
34.9%
62
$678,468
$580,000
119
0.0%
41.2%
76
$740,951
$699,999
191
1.0%
40.3%
52
$458,294
$454,900
157
0.6%
57.3%
69
$788,156
$676,210
60
1.7%
41.7%
36
$551,069
$525,000
84
2.4%
39.3%
56
$807,930
$610,000
518
2.5%
36.7%
71
$501,786
$459,865
349
1.4%
38.4%
89
$618,455
$537,900
249
2.0%
42.2%
85
$499,054
$414,900
292
1.4%
38.7%
77
Listing Courtesy of Agent Group Realty.
For information or to schedule a viewing of this property (MLS# 10061415), call: 713-298-4147
316 E South St, Raleigh NC is a single family home of 2310 sqft and
is currently priced at $1,400,000
.
This single family home has 3 bedrooms.
A comparable home for sale at 204 Heck St in Raleigh is listed at $395,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Raleigh, NC.
Cameron Park, The Fairweather and Caraleigh Mills are nearby neighborhoods.
MLS 10061415 has been posted on this site since 12/1/2024 (today).

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database.
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely
in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall
be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers� personal,
non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved. Listings last updated 6/1/2025.